The RH Grey Card Membership Program Offers 25% Savings on Everything
RH*, Every Day
Exclusive Benefits Include 10% Savings on All Sale, Complimentary
Interior Design and Concierge Services, Preferred Financing†
Plans and Early Access to Clearance Events
RH (Restoration Hardware Holdings, Inc.—NYSE: RH) announces the
introduction of the RH Grey Card – an exclusive new membership program
from the luxury home furnishings leader that reimagines and simplifies
the shopping experience. For a $100 annual fee, the RH Grey Card
provides 25% savings on everything RH*, every day, across all
of its brands – RH, RH Modern, RH Baby & Child, RH TEEN and RH
Contemporary Art.
In addition to 25% off all regular-priced merchandise all the time, RH
Grey Card members will also enjoy 10% savings on all sale merchandise,
complimentary interior design services, a dedicated concierge service to
manage orders, eligibility for preferred financing† plans on
the RH Credit Card and early access to clearance events.
“Our lives are filled with complexity – and we long to break through the
clutter to find simplicity,” says RH Chairman and CEO Gary Friedman. “We
want to shop for what we want, when we want and receive the greatest
value. So rather than navigating countless promotions, we’re changing
things…because time is the ultimate luxury.”
The RH Grey Card can be used through any RH channel – websites,
galleries or source books. Memberships are available at RH.com, through
RH galleries or by calling the RH Grey Card Concierge at 888.889.GREY.
*Limited exclusions apply, including food and beverage. See
website for details. † Promotional financing available
with RH credit card accounts offered by Comenity Bank, which determines
qualifications for credit and promotion eligibility. Minimum purchase
and minimum monthly payments are required. Subject to credit approval
and availability. Account must be in good standing at time of
transaction. Visit an RH gallery or RH.com for details.
About RH, Restoration Hardware
RH (Restoration Hardware Holdings, Inc.—NYSE: RH) is a curator of
design, taste and style in the luxury lifestyle market. The company
offers collections through its retail galleries, source books, and
online at RH.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of
the federal securities laws including statements related to the
anticipated benefits and terms of the RH Grey Card; statements regarding
our expectations for the RH Grey Card, including our expectations that
the RH Grey Card will enhance customer experience; and any statements or
assumptions underlying any of the foregoing. You can identify
forward-looking statements by the fact that they do not relate strictly
to historical or current facts. These statements may include words such
as “anticipate,” “expect,” “plan,” “believe,” “may,” “will,” “should”
and other words and terms of similar meaning in connection with any
discussion of the timing or nature of future events. We cannot assure
you that future developments will be those that we have anticipated.
Important risks and uncertainties that could cause actual results to
differ materially from our expectations include, among others, changes
in applicable laws and regulations that may require us to change the
terms of the RH Grey Card; our ability to support our growth with
appropriate information technology systems; reception of RH Grey Card by
our customers, as well as those risks and uncertainties disclosed under
the sections entitled “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” in
Restoration Hardware Holdings’ Form 10-K filed with the Securities and
Exchange Commission on March 27, 2015, and similar disclosures in
subsequent reports filed with the SEC, which are available on our
investor relations website at ir.restorationhardware.com and
on the SEC website at www.sec.gov.
Any forward-looking statement made by us in this press release speaks
only as of the date on which we make it. We undertake no obligation to
publicly update any forward-looking statement, whether as a result of
new information, future developments or otherwise, except as may be
required by any applicable securities laws.
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